Global value chains as instruments for the development of foreign economic activity and economic integration of the Russian Federation and the Republic of Belarus in the context of the implementation of a new geopolitics

Author:

Arefyev Petr V.1ORCID

Affiliation:

1. Financial University under the Government of the Russian Federation

Abstract

The article examines some aspects of the construction of global value chains between Russia and Belarus in the new geopolitical conditions that have a significant impact on the development of foreign economic activity and the increase in the level of human capital of both countries. the relevance of the topic is quite high, since the complex geopolitical situation not only persists, but also transforms into a tough geopolitical struggle carried out by the West in relation to Russia and Belarus, which, within the framework of the functioning mechanism of economic integration, will not only create new global value chains, but also promote them abroad. the purpose of the work is to assess the possibilities of creating new global value chains in modern geopolitical conditions within the framework of the developing mechanism of Russian-Belarusian economic integration, contributing to the development of foreign economic activity, increasing the level of human capital and industrial potential of Russia and Belarus. As a result of the work, the conclusion is substantiated that it is necessary to continue the economic integration of Russia and Belarus, including in order to develop Russian-Belarusian value chains within the framework of the Union State programs with their further exit abroad, expand the existing export opportunities of the studied countries, develop their foreign economic activity, scientific, technical and industrial potential.

Publisher

Novosibirsk State University of Economics and Management - NSUEM

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